PE-VC Fund Investments
AI-based tech services startup Aivar raises $4.6-M from Sorin, Bessemer
Coimbatore-based Aivar Innovations has raised USD 4.6 million in seed funding. The round was led by Sorin Investments, with participation from Bessemer Venture Partners.Founded in 2024 by Kousik Rajendran, Praveen Jayakumar, Ashwin Ram Ravichandran, and Aadharsh Ayappan, Aivar is an AI-first technology services startup. It collaborates with startups, technology-led businesses, and large enterprises to operationalise artificial intelligence across core business workflows.The funding will be used to expand its geographic footprint across India, the United States, and the Middle East, strengthen its engineering and research teams, and deepen investment in its AI accelerators and go-to-market capabilities.
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